SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D)
OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): June 30, 2021
MAGYAR BANCORP, INC.
(Exact Name of Registrant as Specified in Charter)
Delaware | 000-51726 | 20-4154978 | ||
(State or Other Jurisdiction of Incorporation) | (Commission File No.) | (I.R.S. Employer Identification No.) |
400 Somerset Street, New Brunswick, New Jersey | 08901 | |
(Address of Principal Executive Offices) | (Zip Code) |
Registrant’s telephone number, including area code: (732) 342-7600
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
☐ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
☐ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
☐ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
☐ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
Common stock, $0.01 par value per share | MGYR | The Nasdaq Stock Market, LLC | ||
Title of Each Class | Trading Symbol(s) | Name of Each Exchange on Which Registered |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 8.01 | Other Events |
At a Special Meeting of Stockholders and a Special Meeting of Depositors, both held on June 30, 2021, the stockholders of Magyar Bancorp, Inc. and the depositors of Magyar Bank approved Magyar Bancorp, MHC’s Plan of Conversion and Reorganization, whereby Magyar Bancorp, MHC will convert and reorganize from the mutual holding company structure to the stock holding company structure.
For more information about the conversion and reorganization and related stock offering, see the press release, dated June 30, 2021, which is filed as Exhibit 99.1 hereto and incorporated herein by reference.
Item 9.01 | Financial Statements and Exhibits |
(d) | Exhibits |
Exhibit | Description | |
99.1 | Press Release dated June 30, 2021. | |
101 | Cover Page Interactive Data File (formatted in Inline XBRL and contained in Exhibit 101) |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.
MAGYAR BANCORP, INC. | ||||||
DATE: June 30, 2021 | By: | /s/ John S. Fitzgerald | ||||
John S. Fitzgerald | ||||||
President and Chief Executive Officer |